Some moronic institution seems to be increasing their short position in our stock. A/O 10/31 the short position increased to 225k shares, from a reported 90k position on 10/16. Hopefully it's a simple hedge against a long position, considering no option trading or bond positions exist (convertable default swaps) to use as a hedge. Why bother shorting this stock????? I absolutely despise short hedge funds and their business model of destroying companies and capital to make money!! I hope UNXL gets bought out in a month for $25 and they get their ass handed to them!! Someone (short hedge fund) apparently doesn't want us to go higher than $7.00
PS.. i don't really hope we get bought out for $25, I think the potential is far greater